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Which of the following statements is true regarding a project life cycle?

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Risk and uncertainty increase over the life of the project.

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Costs and staffing levels are typically high as the project draws to a close.

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Costs related to making changes increase as the project approaches completion.

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The project life cycle corresponds with the life cycle of the product produced by or modified by the project.

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IIA-CIA-Part3 Exam - Question 312

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